Tag Archives: Wale Edun

Over ₦3.4 trillion in financial infractions were uncovered across federal Ministries, Departments, and Agencies (MDAs) in 2021, according to the Auditor General’s report — a staggering figure that highlights Nigeria’s deepening compliance crisis and the urgent need for stronger oversight in public institutions. In response, the Senate Committee on Legislative Compliance …

The Dangote Petroleum Refinery and Petrochemicals has reduced the ex-depot (gantry) price of petrol to ₦865 per litre. Sources confirmed that the $20 billion refinery notified its marketers and customers of the new pricing on Thursday. An official from the refinery, speaking to The Nation, confirmed the price adjustment from …

President Tinubu said his administration will support businesses in the financial technology sector that provide payment infrastructure services for Nigerians and Africans. He said this when he received the leadership of Flutterwave and Alami Capital in Abuja on Saturday afternoon. This was known in a statement made available to Business …

The Minister of Finance and the Coordinating Minister of the Economy, Wale Edun, has said the tariff in the telecommunications sector will be reviewed periodically. Edun spoke at the ongoing 2025 World Economic Forum (WEF) in Davos, Switzerland. According to him, the periodic review will ensure the tariff remains balanced and fair to …

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, disclosed yesterday that the Federal government has injected palliatives worth N1 trillion into the manufacturing sector within the last year. Also, the Chairman of the Federal Inland Revenue Service (FIRS), Mr Zacch Adedeji, has declared that the accelerated …

Nigeria has embarked on a historic endeavor with the launch of the Guided Trade Initiative under the African Continental Free Trade Area (AfCFTA), signaling a pivotal moment in boosting intra-African trade and fostering economic diversification. Spearheaded by President Bola Tinubu, this initiative is anticipated to unlock an estimated $50 billion …

The Federal Government has initiated moves to audit the N22.7 trillion Ways and Means loan approved by the immediate past administration of former President Muhammadu Buhari. This was disclosed by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, on Tuesday, at the Public Wealth Management Conference …